DOSSIER · 13F-HR · Q2 2026

Lagoda Investment Management, L.P.

$182M in tracked AUM across 25 positions as of Q2 2026.

LI
CIK 0001632108 · last filed Jun 30, 2026
Total AUM
$182M
as of Q2 2026
Holdings
25
positions
Whale Score
64
64
tracked
Activity
no data
changes this Q
AI Analysis · Q2 2026
Portfolio Overview

Lagoda Investment Management, L.P. reported a significant contraction in portfolio value for the quarter ending September 30, 2025. The total assets under management (AUM) decreased by 35.0%, dropping from $176.51 million to $114.78 million. This reduction was driven by a combination of active deleveraging—evidenced by the exit from 11 positions—and likely market depreciation in remaining holdings.

The portfolio is currently highly concentrated, consisting of only 13 hold...

Key Holdings

The portfolio is anchored by Texas Pacific Land Corporation (TPL), which remains the dominant position with a value of $31.83 million, representing 27.73% of the portfolio. Despite a reduction in overall assets, TPL remains the cornerstone holding, reflecting a long-term bullish outlook on the energy and land royalty sector.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
TPL
TEXAS PACIFIC LAND CORPORATI
$37M86K20.6%
02
NTRA
NATERA INC
$16M59K8.7%
03
TSM
TAIWAN SEMICONDUCTOR MANUFAC
$13M28K7.2%
04
GOOG
ALPHABET INC
$13M36K7.1%
05
AMD
ADVANCED MICRO DEVICES INC
$10M18K5.7%
06
ARM
ARM HOLDINGS PLC
$10M29K5.6%
07
DMRC
DIGIMARC CORP
$9M1.1M5.2%
08
XPO
XPO INC
$9M42K4.7%
09
STXS
STEREOTAXIS INC
$7M4.1M3.9%
10
G7496G103
RENAISSANCERE HLDGS LTD
$7M22K3.9%

Filing history

2026Q2Jun 30
$182M 12.2%
25 positionsView →
2026Q1Mar 31
$162M 6.1%
25 positionsView →
2025Q4Dec 31
$173M 50.5%
25 positionsView →
2025Q3Sep 30
$115M 35.0%
13 positionsView →
2025Q2Jun 30
$177M 61.9%
24 positionsLocked
2025Q1Mar 31
$109M 41.0%
18 positionsLocked
2024Q4Dec 31
$185M 6.2%
34 positionsLocked
2024Q3Sep 30
$174M 0.2%
34 positionsLocked
2024Q2Jun 30
$174M 6.6%
40 positionsLocked
2024Q1Mar 31
$163M 10.9%
40 positionsLocked
2023Q4Dec 31
$147M 3.5%
39 positionsLocked
2023Q3Sep 30
$152M 7.4%
42 positionsLocked
Showing 12 of 44